230 / 250 / 280 SL under $20k - market not so strong? - Mercedes-Benz Forum

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post #1 of 12 (permalink) Old 03-15-2012, 09:09 AM Thread Starter
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230 / 250 / 280 SL under $20k - market not so strong?

I hear all these people raving about how strong the market is on Pagodas. I got my MBCA The Star in the mail yesterday. There are 6 for sale ads for Pagodas:
$20,200 $19,985 (4 speed and cold AC) $39,000 ("full restoration") $28,000 (31,000 miles) $29,900 $42,000 -- seems more like a buyer's market.

Currently: 1967 250 SL, 1963 220Sb, 1965 300SE Lang, 1971 280SE parts car, 1972 Alfa GTV, 1965 Alfa Duetto, 1993 BMW R100R
Past: 1971 250 C, 1985 300 TD, 1967 250 S, 1968 280 S,1981 300 D, 1982 280CE, 3 Facel Vegas, Borgward Isabella Coupe, Alfa 2600 Sprint, Volvo P1900 (yes), numerous less interesting Volvos, ...
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post #2 of 12 (permalink) Old 03-15-2012, 10:53 AM
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I love these cars but they are second only to the 107s in terms of sheer volume of MB cars for sale in HMN, etc. Lots of choices in prices ranging from teens to around $50K.

That said, if the 31K mile car for $28K is a truly nice 31K mile car, and assuming some room to buy at say, $26,500 or so (heck, even full asking), that seems like a pretty good deal to me. Better if a its a 280 SL, right?
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post #3 of 12 (permalink) Old 03-16-2012, 11:53 AM
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I think many folks prefer the horsepower and saftey options of the later models. The W113's are great show cars however.
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post #4 of 12 (permalink) Old 03-16-2012, 01:54 PM
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It's interesting though....I have three nice condition cars that are all desirable. I would think the 280SE 3.5 Cabrio would get all the attention, but people who come over to the house usually like the Pagoda the best. My favorite to drive is the 560SL...but they are all nice to drive!
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post #5 of 12 (permalink) Old 03-16-2012, 02:30 PM
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The 113 cars are not that rare at almost 50,000 units so there are many to choose from.
the ones with really rare options like a 5 speed command pretty high prices

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post #6 of 12 (permalink) Old 03-16-2012, 11:06 PM
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Originally Posted by 3.5 Tony View Post
The 113 cars are not that rare at almost 50,000 units so there are many to choose from.
the ones with really rare options like a 5 speed command pretty high prices
The market sucks on low end collectible cars. Now is the time to buy. Of the 50K produced a lot of them died an early death.
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post #7 of 12 (permalink) Old 03-17-2012, 02:22 PM
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Quote:
Originally Posted by hilld View Post
The market sucks on low end collectible cars. Now is the time to buy. Of the 50K produced a lot of them died an early death.
This has been my observation as well, the market was pretty wild for any "collector car" before the crash, and as we have seen truly exceptional cars are setting records even in this economy, but astute buyers have shied away from the more common varieties, realizing there is ample supply. True rarity is the keyword these days, so yes, it is a buyer's market if you want a great car that you don't have to be afraid to take out for a drive. Eventually prices will creep up as the truly great cars disappear, so buy one now if you can.

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post #8 of 12 (permalink) Old 03-18-2012, 03:24 PM
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Wow, there must be a stream of left hand drive pagoda's on their way to Australia, as decent cars start at about $40k over here (RHD), and go up to about $75k. Surely they must be rusty or something?
JPMose, I would love to come to your house - there is no way I would be ogling the pagoda with a 3.5 cab in there!
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post #9 of 12 (permalink) Old 03-19-2012, 07:59 AM
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I also think it's a buyer's market. It's time to buy the best one can afford.

I'm surprised at the price rust buckets in need of full restoration fetch on the net though. They often go for more than 10k. There is no way to restore these for cheaper than the price of a nice one on the market today.
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post #10 of 12 (permalink) Old 03-19-2012, 10:21 AM
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I know!!! I cringe every time I see a rust bucket sell! Even a #2 car cost a lot to keep improving on...my W111 for instance!!!
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